Why would you be so surprised??
Id expect to get the replacement value of the bike. Plus the cost of the kit installed.
Im reasonably sure that is how mine is insured. At least that is how I understand it to be.
Because of the age and mileage of just the Valk....1999 with 214,000 miles on the clock.
I did not look up what the value of this age/mileage Valk is... just thought it would be worth extremely little in the eyes of an insurance company ...
And maybe a lot of depreciation of trike kit due to age.
Sure glad for him that the settlement ended up so nice.